Latest news with #NavinChaddha
Forbes
a day ago
- Business
- Forbes
Is AI About Relationships?
In a way, the new technologies that we are seeing really highlight the role of humans in our world. Sure, we're using them to build things autonomously. There will be job displacement. But at the same time, there are stakeholder relationships that really make a difference day to day. For now, humans are still in the driver's seat. Navin Chaddha runs Mayfield, an investment firm that invests in seed rounds and A rounds, as well as B rounds of funding. The company boasts 120 IPOs and over 225 mergers and acquisitions. I interviewed Chaddha at Imagination in Action in April about the moving parts involved in making AI -related deals. One thing that came through is that as an investor, Chaddha wants to invest with partners early. 'The basic idea is, how do we become partners of entrepreneurs at the ideation stage, primarily when they are coming up with an idea, and help them create a company?' he said. 'We start with people, because our belief is people build products. People build companies. It's not the other way around.' Other suggestions offered by Chaddha in investment strategy involved looking for products that fit solutions, and valuing an approach over a time frame. He mentioned AI-native design as a goal. 'Our belief is (that) AI will manifest digital companions who collaborate with humans to help elevate them to become super-humans,' he said, promoting an idea he described as 'collaborative intelligence as a service' or, alternately, 'teammates as a service.' AI Teammates Karen Lee 'Every business function, every consumer function, is going to have a buddy, a teammate,' he said. At one point, talk turned to how humans and machines will communicate in the years ahead. After the iPhone, Chaddha suggested, it's hard to have a new user interface, but verbal chat, he imagined, could become the way of the future, for no-hands communication. 'The interface will be natural language,' he said. Evolution of User Interfaces Karen Lee We also talked about what I called 'the cognitive economy' and augmented intelligence. '(AI is) allowing humans to have cognitive capabilities, and together we're going to be able to do things which we weren't able to do before,' Chaddha said, invoking the ideas of superhuman speed and superhuman cognition. 'AI is a tool. It's a technology. We are the jockey, we're not the horse.' I also wanted to talk about Chaddha's assertion that we should be doing more events about AI in these years. 'We invest in relationships,' he said. 'Let's grow the pie. Let's bring the brightest people to the right relationships.' That jibed with me, as I want to continue putting on these events and setting up the broadest tent possible. I'll be bringing you more from IIA's April event soon, to showcase all of what went on, and why it matters. More resources here: Navin's World Economic Forum article on AI Teammates and a deep dive into Collaborative Intelligence as a Service.
Yahoo
30-04-2025
- Business
- Yahoo
Gruve.ai promises software-like margins for AI tech consulting, disrupting decades-old Industry
Companies of all sizes are recognizing the game-changing possibilities of AI. Despite the excitement about the new technology, most of their pilot projects don't make it into production. a startup founded by the team behind Rahi Systems aims to help enterprises get AI solutions out of testing phase and into real-world application by using AI to deliver its services. Rahi Systems is an IT solutions company acquired by Wesco for $225 million in 2022. IT services firms, including major players like Accenture, have long been the go-to consultants to implement new tech projects for companies when they don't have the skilled staff in-house. However, given that their work relies on humans, their expertise often comes with a steep price tag. "Technology services industry hasn't been disrupted in the last 25 to 30 years," Tarun Raisoni, CEO of Gruve, told TechCrunch. "AI truly changes that dynamic." Gruve hopes to change the traditional IT consultancy model in two key ways: first, by reducing the need to hire a large staff of consultants by using AI agents for repetitive tasks. Second, by charging clients based on usage rather than on an hourly basis. In the past, VCs were generally not interested in investing in IT services in large part because their reliance on human labor made these businesses hard to scale. But by using AI agents instead of human consultants, Gruve can deliver software-like gross margins of 70% to 80%, which is significantly higher than the margins of traditional tech consultancies, said Navin Chaddha, managing partner at Mayfield. Gruve's innovative model and its team's experience building Rahi Systems has helped it raise a $20 million Series A round led by Mayfield, with participation from Cisco Investments and other investors. The fresh capital brings Gruve's total funding to $37.5 million. Raisoni said that his team first meets with the client to determine their AI needs and prepares their data to support AI applications before recommending and implementing AI solutions. "You must understand your customer's business before you can implement because their business processes are different, their workflows are different. How they service their clients is different," he said. But once Gruve is ready to implement, AI agents will handle tasks such as security breach detection and the transition from on-premises to cloud CRM. Similar to traditional IT consultancies, the company partners with select trusted tech vendors to implement their solutions for clients. Gruve's current partners include large companies like Cisco, IBM's Red Hat, and Google, as well as about a dozen AI-native startups like Glean and Supervity. But unlike most tech consultancies, Gruve won't bill its clients when the solution is first implemented. Their "services are available on demand, the same way electricity is provided or the same way cloud computing is provided," Chaddha said. For example, if Gruve has implemented AI for security, the company will only charge the client upon a security breach detected and analyzed by the installed AI. This article originally appeared on TechCrunch at Sign in to access your portfolio
Economic Times
30-04-2025
- Business
- Economic Times
From Satya Nadella to Sabeer Bhatia, here are the 24 grand keynote speakers at TiEcon 2025
Hundreds of luminaries from across industries, including frontrunners in the AI revolution, will gather at the San Jose Convention Center in California from April 30-May 2 for TiEcon 2025. This year's edition of the world's biggest entrepreneurship accelerator will feature nearly 40 sessions across 11 tracks. Each track or theme will focus on a different aspect of AI, machine learning (ML), quantum computing, and other cutting-edge technologies that will inevitably change the way we live and work. ADVERTISEMENT ICYMI, here are more details about the 11 tracks and TiE Silicon Valley, the non-profit organisation behind the flagship event. Among the dignitaries are 24 grand keynote speakers who will deliver opening addresses and participate in panels and fireside chats. Here's a look: 1) Satya Nadella Who: Chairman and CEO, Microsoft Session: Opening address and fireside session with Navin Chaddha, Managing Partner, Mayfield Fund. ADVERTISEMENT When: May 1, 9-9:45 am 2) Shantanu Narayen Who: Chair and CEO, Adobe ADVERTISEMENT Session: Opening address and grand keynote session with David Wadhwani President, Digital Media Business, Adobe When: May 2, 9-9:30 am ADVERTISEMENT 3) Thomas C. Werner Who: Chairman, Fenway Sports Group (FSG) Session: Opening keynote, 'Owning and Winning - Sports Media & Entertainment Binds Culture'. ADVERTISEMENT When: April 30, 1-1:45 pm 4) Paul Wachter Who: Founder and CEO, Main Street Advisors Session: Opening keynote, 'Owning and Winning - Sports Media & Entertainment Binds Culture'. When: April 30, 1-1:45 pm 5) Lip-Bu Tan Who: CEO, Intel Corporation Session: Grand keynote When: May 2, 9:30-10:00 am 6) Vivek Ranadive Who: Chairman, CEO, and Governor, Sacramento Kings Session: Opening keynote, 'Owning and Winning - Sports Media & Entertainment Binds Culture'. When: April 30, 1-1:45 pm 7) Satyan Gajwani Who: Vice Chairman, Times Internet Session: Opening keynote, 'Owning and Winning - Sports Media & Entertainment Binds Culture'. When: April 30, 1-1:45 pm 8) Jagdeep Singh Bachher Who: Chief Investment Officer, Office of the President, University of CaliforniaSessions: Opening keynote , 'Owning and Winning - Sports Media & Entertainment Binds Culture' (April 30, 1-1:45 pm) , 'Owning and Winning - Sports Media & Entertainment Binds Culture' (April 30, 1-1:45 pm) Grand keynote, 'Governance & Ethics' (May 2, 10:00-10:30 am) 9) Anita Manwani Who: President and Board Chair, TiE Silicon Valley; Founder and CEO, Carobar Business Solutions (reLIMS) Session: Panel, 'From Grit to Greatness: Inside the Journey to Unicorn Status' When: May 1, 1:30-2:00 pm 10) Warner Thomas Who: President and CEO, Sutter Health Session: Grand keynote, 'Designing the Future of Connected Care: Tech, Trust and the Road to Integration' When: May 1, 10:00-10:30 am 11) Navin Chaddha Who: Managing Partner, Mayfield Fund Session: Opening address and fireside session with Microsoft Chairman and CEO, Satya Nadella When: May 1, 9-9:45 am 12) Vasu Jakkal Who: Corporate Vice President, Microsoft Session: Grand keynote When: May 1, 2:00-2:30 pm 13) Shanker Trivedi Who: Senior Vice President, Enterprise Business, NVIDIA Session: Grand panel, 'The Future of AI – Platforms, Innovation, & Investments' When: May 2, 1:30-2:00 pm 14) Beerud Sheth Who: Co-Founder and CEO, Gupshup Session: Panel, 'From Grit to Greatness: Inside the Journey to Unicorn Status' When: May 1, 1:30-2:00 pm 15 ) Tsu-Jae King Liu Who: Dean and Roy W. Carlson Professor of Engineering, UC Berkeley Session: Grand keynote, 'Governance & Ethics' When: May 2, 10:00-10:30 am 16) Pradeep Khosla Who: Chancellor, UC San Diego Session: Grand keynote, 'Governance & Ethics' When: May 2, 10:00-10:30 am 17) Chet Kapoor Who: Chairman and CEO, DataStax Session: Panel, 'From Grit to Greatness: Inside the Journey to Unicorn Status' When: May 1, 1:30-2:00 pm 18 ) Sabeer Bhatia Who: Co-Founder, ShowReel; Founder, Hotmail Session: Panel, 'Open Quantum Conversation' When: May 2, 2-2:30 pm 19) Scott Crowder Who: Vice President, IBM Quantum Adoption Session: Panel, 'Open Quantum Conversation' When: May 2, 2-2:30 pm 20 ) Chetan Nayak Who: Technical Fellow, Quantum Hardware, Microsoft Session: Panel, 'Open Quantum Conversation' When: May 2, 2-2:30 pm 21) David Wadhwani Who: President, Digital Media Business, Adobe Session: Opening address and grand keynote session with Shantanu Narayen, Chair and CEO, Adobe When: May 2, 9-9:30 am 22) Aravind Ratnam Who: Chief Strategy and Revenue Officer, Q-CTRL Session: Panel, 'Open Quantum Conversation' When: May 2, 2-2:30 pm 23) Jayant Chaudhary Who: Union Minister of State (Independent Charge), Skill Development & Entrepreneurship; Minister of State, Ministry of Education, Government of India Session: Grand keynote When: April 30, 4:45-5:00 pm 24) Jay Vijayan Who: Founder and CEO, Tekion Session: Panel, 'From Grit to Greatness: Inside the Journey to Unicorn Status' When: May 1, 1:30-2:00 pm Head to the TiEcon 2025 website right away before slots fill up for the three-day extravaganza. Watch this space for additional information about bootcamps, networking opportunities, and more. * is a subsidiary of Times Internet. (This article is generated and published by ET Spotlight team. You can get in touch with them on etspotlight@
Time of India
30-04-2025
- Business
- Time of India
From Satya Nadella to Sabeer Bhatia, here are the 24 grand keynote speakers at TiEcon 2025
Hundreds of luminaries from across industries, including frontrunners in the AI revolution, will gather at the San Jose Convention Center in California from April 30-May 2 for TiEcon 2025. This year's edition of the world's biggest entrepreneurship accelerator will feature nearly 40 sessions across 11 tracks. Each track or theme will focus on a different aspect of AI, machine learning (ML), quantum computing, and other cutting-edge technologies that will inevitably change the way we live and work. #Pahalgam Terrorist Attack The groundwork before India mounts a strike at Pakistan India considers closing airspace to Pakistani carriers amid rising tensions Cold Start: India's answer to Pakistan's nuclear threats ICYMI, here are more details about the 11 tracks and TiE Silicon Valley , the non-profit organisation behind the flagship event. Among the dignitaries are 24 grand keynote speakers who will deliver opening addresses and participate in panels and fireside chats. Here's a look: 1) Satya Nadella Who: Chairman and CEO, Microsoft Live Events Session: Opening address and fireside session with Navin Chaddha, Managing Partner, Mayfield Fund. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories When: May 1, 9-9:45 am 2) Shantanu Narayen Who: Chair and CEO, Adobe Session: Opening address and grand keynote session with David Wadhwani President, Digital Media Business, Adobe When: May 2, 9-9:30 am 3) Thomas C. Werner Who: Chairman, Fenway Sports Group (FSG) Session: Opening keynote, 'Owning and Winning - Sports Media & Entertainment Binds Culture'. When: April 30, 1-1:45 pm 4) Paul Wachter Who: Founder and CEO, Main Street Advisors Session: Opening keynote, 'Owning and Winning - Sports Media & Entertainment Binds Culture'. When: April 30, 1-1:45 pm 5) Lip-Bu Tan Who: CEO, Intel Corporation Session: Grand keynote When: May 2, 9:30-10:00 am 6) Vivek Ranadive Who: Chairman, CEO, and Governor, Sacramento Kings Session: Opening keynote, 'Owning and Winning - Sports Media & Entertainment Binds Culture'. When: April 30, 1-1:45 pm 7) Satyan Gajwani Who : Vice Chairman, Times Internet Session : Opening keynote, 'Owning and Winning - Sports Media & Entertainment Binds Culture'. When : April 30, 1-1:45 pm 8) Jagdeep Singh Bachher Who: Chief Investment Officer, Office of the President, University of California Sessions: Opening keynote , 'Owning and Winning - Sports Media & Entertainment Binds Culture' (April 30, 1-1:45 pm) Grand keynote , 'Governance & Ethics' (May 2, 10:00-10:30 am) 9) Anita Manwani Who: President and Board Chair, TiE Silicon Valley; Founder and CEO, Carobar Business Solutions (reLIMS) Session: Panel, 'From Grit to Greatness: Inside the Journey to Unicorn Status' When: May 1, 1:30-2:00 pm 10) Warner Thomas Who: President and CEO, Sutter Health Session: Grand keynote, 'Designing the Future of Connected Care: Tech, Trust and the Road to Integration' When: May 1, 10:00-10:30 am 11) Navin Chaddha Who: Managing Partner, Mayfield Fund Session: Opening address and fireside session with Microsoft Chairman and CEO, Satya Nadella When: May 1, 9-9:45 am 12) V asu Jakkal Who: Corporate Vice President, Microsoft Session: Grand keynote When: May 1, 2:00-2:30 pm 13) Shanker Trivedi Who: Senior Vice President, Enterprise Business, NVIDIA Session: Grand panel, 'The Future of AI – Platforms, Innovation, & Investments' When: May 2, 1:30-2:00 pm 14) Beerud Sheth Who: Co-Founder and CEO, Gupshup Session: Panel, 'From Grit to Greatness: Inside the Journey to Unicorn Status' When: May 1, 1:30-2:00 pm 15 ) T su-Jae King Liu Who: Dean and Roy W. Carlson Professor of Engineering, UC Berkeley Session: Grand keynote, 'Governance & Ethics' When: May 2, 10:00-10:30 am 16) Pradeep Khosla Who: Chancellor, UC San Diego Session: Grand keynote, 'Governance & Ethics' When: May 2, 10:00-10:30 am 17) Chet Kapoor Who: Chairman and CEO, DataStax Session: Panel, 'From Grit to Greatness: Inside the Journey to Unicorn Status' When: May 1, 1:30-2:00 pm 18 ) Sabeer Bhatia Who: Co-Founder, ShowReel; Founder, Hotmail Session: Panel, 'Open Quantum Conversation' When: May 2, 2-2:30 pm 19) S cott Crowder Who: Vice President, IBM Quantum Adoption Session: Panel, 'Open Quantum Conversation' When: May 2, 2-2:30 pm 20 ) Che tan Nayak Who: Technical Fellow, Quantum Hardware, Microsoft Session: Panel, 'Open Quantum Conversation' When: May 2, 2-2:30 pm 21) David Wadhwani Who: President, Digital Media Business, Adobe Session: Opening address and grand keynote session with Shantanu Narayen, Chair and CEO, Adobe When: May 2, 9-9:30 am 22) Aravind Ratnam Who: Chief Strategy and Revenue Officer, Q-CTRL Session: Panel, 'Open Quantum Conversation' When: May 2, 2-2:30 pm 23) Jayant Chaudhary Who: Union Minister of State (Independent Charge), Skill Development & Entrepreneurship; Minister of State, Ministry of Education, Government of India Session: Grand keynote When: April 30, 4:45-5:00 pm 24) Jay Vijayan Who: Founder and CEO, Tekion Session: Panel , 'From Grit to Greatness: Inside the Journey to Unicorn Status' When: May 1, 1:30-2:00 pm Head to the TiEcon 2025 website right away before slots fill up for the three-day extravaganza. Watch this space for additional information about bootcamps, networking opportunities, and more. * is a subsidiary of Times Internet.
